Cost Of Living in Clear Lake, IN

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F

57%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

196%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Clear Lake	Indiana	National
Cost of living	157	89	100
Groceries	98	97	100
Health care	96	97	100
Housing	296	72	100
Transportation	97	96	100
Utilities	101	96	100
Lifestyle & Entertainment	93	95	100
Household Items	98	98	100
Education & Childcare	95	94	100

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Homes For Sale In Clear Lake, IN

Ln 587 Lake James

Jamestown Township, IN

Cost Of Living Quick Facts

The cost of living in Clear Lake is 76% higher than the Indiana average
The cost of living in Clear Lake is 57% higher than the national average
Clear Lake housing is 196% higher than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 21% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$138,505	$11,542	$3,232	$4,156
Renters	$84,743	$7,062	$1,977	$2,543

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.15%	3.15%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Nettle Lake, OH	313	74	25.9%
Reading, MI	991	82	18.3%
Montgomery, MI	368	83	16.7%
Camden, MI	716	83	16.6%
Montpelier, OH	4,093	84	16.4%
Clear Lake, IN	408	157	56.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Highland Lake, AL	408	101	0.8%
Sulphur Springs city, AR	408	79	20.9%
Lorimor, IA	408	78	21.8%
Palmer, MI	408	82	18.2%
McCord Bend, MO	408	78	22.3%
Clear Lake, IN	408	157	56.6%